The grocery industry has an annual inventory turnover of, Ask an Expert

Management Studies

The grocery industry has an annual inventory turnover of about16times. Organic? Grocers, Inc., had a cost of goods sold last year of? $11,330, 000?; its average inventory was ?$1,015,380. What was Organic? Grocers' inventory? turnover, and how does that performance compare with that of the? industry?

?a) What was Organic? Grocers' inventory? turnover? ( ) times per year ?(round your response to two decimal? places).

?b) How does Organic? Grocers' performance compare with that of the? industry? It is

better than

the same as

worse than

the industry.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92546924

Have any Question?Write your Review or question?

Related Questions in Operation Management

What does managing human resources means to you and how can

What does Managing Human Resources means to you and how can it enlightened you as a future manager/supervisor in the workplace today? For your information: This is my final paper assignment question that I am to answer i ...

Donald and gloria bowden hosted a cookout at their home in

Donald and Gloria Bowden hosted a cookout at their home in South Carolina, inviting mostly business acquaintances. Justin Parks, who was nineteen years old, attended the party. Alcoholic beverages were available to all o ...

Consider the following order point without safety stock is

Consider the following: Order point without safety stock is 200. Carrying cost is $40 per unit per year. Cost of a stock out is $70 per unit per year. The probability of demand during lead time is as follows: Demand Duri ...

In 750-1000 words do the followingdescribe the

In 750-1,000 words, do the following: Describe the politics-administration dichotomy. Explain both sides of the debate on whether the politics-administration dichotomy exists in practice or only in theory. Give specific ...

You are responsible for analyzing and quantifying cost and

You are responsible for analyzing and quantifying cost and schedule performance on an Agile life cycle development project. During planning for the first sprint, the development team decided on a sprint duration of 15 da ...

Your company manufactures and sells tennis rackets and

Your company manufactures and sells tennis rackets and would like to start selling outside the United States. You are in charge of developing a global Web strategy and the first countries you are thinking of targeting ar ...

1 what are you hoping to achieve think about the teams and

1. What are you hoping to achieve? Think about the teams and projects that were very successful for you. What strategies, processes or norms were in place that worked? How were your skills utilized? 2. What are your conc ...

Prevention and resolution of customer service conflict is

Prevention and resolution of customer service conflict is important to the overall impression an organization leaves with both customers and employees. Post about a common conflict scenario you have encountered or experi ...

1 define mission vision and guiding principles what is the

1. Define mission, vision, and guiding principles. What is the purpose of each? 2. What is strategy deployment? How does it differ from strategy development? 3. Explain the elements of a typical strategic planning proces ...

1 based on what you have learned this semester state

1. Based on what you have learned this semester, state whether you believe this perceived change in work/life balance is a good thing or a bad thing from both the employee's viewpoint and that of the organization. In you ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert